All Categories
Featured
Table of Contents
Affirming the growth of AI in the region, a report released by PwC previously this month stated that the usage of AI amongst the workforce in the Middle East continues to rise, with 75 percent of staff members in the region utilizing it in their tasks over the past 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the country are ready to release AI responsibly, well above the 76 percent worldwide criteria, supported by the Kingdom's data governance ecosystem, including national efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the region appealing, consisting of having more pragmatic laws to allow for experimentation and growth," stated the report.
Leading organization leaders, policymakers and investors from the GCC and Latin America just recently explored how nations from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, magnate, financiers, and industry specialists went to the first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.
In 2015 the GCC made up of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of items from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers stated. Both areas depend on each other for vital products.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the area's total sugar imports, it added. Brazil is without a doubt the biggest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (generally poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, said a declaration.
The online forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how companies can take advantage of the changing patterns of worldwide demand and what role Dubai can play in assisting in the next action in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by functioning as a details and research centre, by providing business documentation, providing legal services, assisting in networking chances via signature company occasions and delivering almost every conceivable company option, it specified.
GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid however slow a little. Non-oil activity will be supported by population growth, brand-new industries, and public investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector growth will accelerate, balancing out in part lower oil costs; financial balances will be combined, with surpluses in UAE and Qatar, but deficits persist in other places.
SHARJAH (WAM) The GCC and larger Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies drawing in funds and skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the very first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears appealing.
Key Benefits of Industrial Growth in DubaiReacting to a concern on local start-ups' potential customers of taking advantage of recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have so much going for us in the area: the low expense of energy, a very progressive federal government that is ahead in policy, regulation and data personal privacy; and really strong universities that are progressively taking a look at AI and turning out technical talent in AI."She included: "Our ultimate objective is to see this region, particularly the GCC, become an AI superpower.
Our greatest chauffeur today is purchasing talent, since in the AI race, it's the technical talent that really wins."Concentrating on the appearance of the area for financiers, Christos Mastoras, Founder and Managing Partner of Iliad Partners, said: "I think we are extremely lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for investment in the area.
"International development funds are coming in, which reveals clear signs of maturity of the community The ability of the UAE and regional federal governments to bring in skill; their innovation-first approach, abundance of capital here along with inflow internationally are the key foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of offers with the greatest worths, with 250 "largest ticket size" offers taped in 2025 in the nation.
Latest Posts
Why Is Business Excellence Vital for 2026 Expansion?
Why Does Business Excellence Crucial for 2026 Expansion?
Essential GCC Market Research Reports for 2026
